what is point of statity
Answers
Answered by
1
Answer:
In economics, the point of satiety is defined as the point when the marginal utility of any activity is zero. From this point on, the marginal utility actually turns negative. Expressed differently, the point of satiety reflects that point when the total utility has been maximized.
Answered by
0
Answer:
The point at which Marginal Utility of a commodity is Zero and its Total Utility is maximum, it is referred as Point of Satiety. Utility simply refers to the satisfying power of the commodity
hope this helps bambii (≧▽≦)❤️
Similar questions